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Showing 1 - 10 of 1224 results for "CBA"

Commonwealth Bank names chief economist

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
Commonwealth Bank (CBA) has appointed Luke Yeaman as its new chief economist and head of global economic and markets research. Yeaman is currently a deputy secretary in the Department of Treasury and head of their macroeconomic group, a position he's ...

Australian Retirement Trust primed for growth: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... members and cash flows in the future." In recent times, ART has merged with Alcoa of Australia Retirement Plan, AvSuper, and CBA Group Super, to name a few. It is also planning a merger with Qantas Super. Morningstar said the focus is now on future growth ...

ASX appoints interim chief risk officer

MATTHEW WAI  |  MONDAY, 18 NOV 2024
... Metway Advances Corporation. Prior to her time at Suncorp, she held senior and executive roles in risk management at NAB and CBA. Commenting, Lofthouse said: "I'm pleased to announce the appointment of Leanne as our interim chief risk officer. She brings ...

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
Commonwealth Bank (CBA) chief executive Matt Comyn painted a positive picture for the Australian economy, despite ongoing cost-of-living pressures. Comyn said high interest rates are doing the job of bringing inflation under control, but the pace of ...

LGT Crestone takes over remainder of Commonwealth Bank's advice business

ANDREW MCKEAN  |  MONDAY, 11 NOV 2024
LGT Crestone has inked a deal to scoop up Commonwealth Bank's (CBA's) remaining personal advice business, which serves high-net-worth and ultra-high-net-worth clients. Commonwealth Private Advice has around 500 clients with assets exceeding $5 billion. ...

Interest rates to remain on hold for some time

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
... than expected but still, we see rates remaining restrictive for an extended period now." On the flipside, Commonwealth Bank (CBA) head of Australian economics Gareth Aird - who has remained steadfast that interest rate cuts are on the horizon - believes ...

CBA's conviction on December rate cut has 'dipped'

ELIZA BAVIN  |  FRIDAY, 18 OCT 2024
Commonwealth Bank (CBA) head of Australian economics Gareth Aird conceded the stronger than expected unemployment data released yesterday does not strengthen the case for the Reserve Bank of Australia (RBA) to start cutting interest rates. Additionally ...

Household spending drops in September: CBA

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
The Commonwealth Bank's (CBA) Household Spending Insights (HSI) index fell 0.7% month on month in September, in seasonally adjusted terms, following a gain in August of 1.6%. The fall in September was in line with expectations, CBA chief economist Stephen ...

Commonwealth Bank shakes up executive leadership team

ANDREW MCKEAN  |  WEDNESDAY, 2 OCT 2024
... contributions Williams and Lewis made during their tenures and for the support and guidance they've provided to him. "Nigel joined CBA at a very difficult time for the organisation and experience and judgment was invaluable to me and the board. I have ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
... economics Gareth Aird said the bank has now changed its forecast for the first rate cut to be delivered in December. Previously CBA had been predicting a November cut. "We leave our base case unchanged for the commencement of an RBA easing cycle in Q4 ...
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